We like Alphabet (GOOGL) and ON Semiconductor as swing trades to the long side as the stock charts look very bullish. We also like Netgear (NTGR) stock as it enters extreme oversold territory. We will be looking to take advantage of a short covering rally off of historical support levels.
Nucor (NUE) will be an options trade using a strategy called a “strangle”. We will be the casino and not the gambler. What does that mean? It means that we will be selling options and not buying them putting the odds of profitability in our favor.
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